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TodayMonday, May 04, 2026

Parish Development model

Uganda's Auditor General Edward Akol (left) hands over the 2025 OAG annual report to Parliament Speaker, Anita Among (in red) flanked by Henry Musasizi, Minister of State for Finance, Planning and Economic Development (General Duties) and other other officials.

Inside Uganda’s Auditor General’s Report: The Good, the Bad and the Ugly

Uganda’s Auditor General Edward Akol has issued a wide-ranging warning to Parliament: the country is collecting more revenue than ever, yet persistent weaknesses in procurement, project execution, asset management, staffing, and programme
January 30, 2026
Julius Kakeeto, Managing Director of Pearl Bank (formerly PostBank Uganda) (back centre), Mumba Kenneth Kalifungwa, Managing Director of Stanbic Bank Uganda (back 2nd right), Priscilla Akora, Head of Marketing and Communications at Pearl Bank (3rd left), and Diana Kahunde, Head of Brand and Marketing at Stanbic Bank (2nd right), join other officials from both institutions during the launch of the Wendi by Pearl Bank and FlexiPay partnership at the Sheraton Hotel, Kampala, on Thursday, 23rd October 2025. The partnership aims to enable seamless transactions between both digital platforms at subsidized fees, promoting financial inclusion across Uganda.

Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have announced the
October 23, 2025
In its manifesto, the NRM says Uganda has moved from economic collapse in the 1980s to a country of steady growth, peace, and relative stability.
In its manifesto, the NRM says Uganda has moved from economic collapse in the 1980s to a country of steady growth, peace, and relative stability.

NRM’s Economic Roadmap: Past Gains, Future Promises – 2026-31 Manifesto

As Uganda heads into another electoral cycle, the National Resistance Movement (NRM) has unveiled its 2026–2031 Manifesto, branding it a programme for “consolidating socio-economic transformation.” The document doubles as both a balance
September 30, 2025
Some of the beneficiaries being guided on how to access Parish Development Model Funds via Wendi.

UGX 1 trillion Disbursed Through Wendi in PDM Rollout

A trillion shillings has been disbursed to Parish Development Model (PDM) beneficiaries through Wendi, a digital wallet developed by PostBank Uganda, marking a significant milestone in Uganda’s push for financial inclusion at
July 2, 2025
Matia Kasaija (2nd R), Minister of Finance, Planning, and Economic Development, Evelyn Anite (2nd L), State Minister of Finance for Investment and Privatization, Andrew Otengo Owiny (R), PostBank Uganda Board Chairman, and Julius Kakeeto (L), PostBank Uganda Managing Director during the bank’s 2024 Annual General Meeting (AGM) today 5th June 2025 at the Ministry of Finance, Planning and Economic Development (MoFPED) offices in Kampala, where its performance was commended by the shareholder, highlighting the bank’s solid performance and being among the most profitable Government entities after posting Ushs. 35.4 billion Profit After Tax (PAT) in 2024 Financials.

From PostBank to Pearl Bank: Uganda’s Boldest Banking Transformation Shines On

Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8 billion to
June 6, 2025
PDM beneficiaries receiving guidance from Pearl Bank Uganda staff on how to access their funds via Wendi Mobile Wallet.

Wendi, PostBank’s Mobile Wallet Hits Over 1 million Users thanks to its 10% Annual Interest Incentive

In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending affordable financial
May 8, 2025
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